Remote controls are identified as technical devices which are used for various purposes ranging from the launching of space-ships to the monitoring of toy cars. But of late, these devices are being used to direct policies for nation states which are formally sovereign. We speak here of the powerful lobby of international credit rating agencies like Standard and Poor's (S&P), which has just delivered its sermon that India is no longer...

News coverage of the Aarushi case, Sachin in Rajya Sabha, and the revelation of the Bofors whistleblower added little to the discussion Have you noticed that the hilarious news spoof, The Week That Wasn’t (CNN-IBN) bears an uncanny resemblance to every day’s TV news/ discussions? We’ll call it, the news that wasn’t. News. And it goes something like this: Monday, Nupur Talwar, denied bail, was jailed in Aarushi and Hemraj murder cases. All...

The National Bank for Agriculture and Rural Development (Nabard) set up to finance agriculture and rural development, has been giving evasive replies to specific questions raised by the Union finance ministry and by Parliament on the nature of recommendations made by the Boston Consulting Group (BCG) to restructure the bank. Some MPs believe that the restructuring violates the role mandated for Nabard by Parliament. DNA earlier reported that the restructuring/repositioning of Nabard...

-The Economic Times A Parliamentary standing committee has taken a grim view of constant pruning of budget of agriculture ministry. It has asked the Centre to adopt a fresh outlook towards allocation of finances to the sector as it sustains economically weak farming community.  The Parliamentary panel examining the demands for grants of agriculture ministry found that in the Eleventh Plan there was a wide difference between proposed budget estimate (BE) of...

I have not read the Private Member's Bill on media regulation that Meenakshi Natarajan was scheduled to move in Parliament last week so I am not in a position to comment upon it, but I am certainly of the opinion that the media (both print and electronic) needs to be regulated. Since my ideas on this issue have generated some controversy they need to be clarified. I want regulation of the...